On the basis of fundamental & technical analysis, Visaka Ind. should give great returns in near future. NO TRADE SUGGESTIONS !!
Visaka Industries has formed Cup & Handle pattern on weekly charts and given breakout. Currently stock is consolidating near breakout level above 800 and further movement can move stock till 1000+ levels. All levels provided on charts. This is for educational purpose only.
Clear rounding bottom with huge volume addition.... stock is trading near to the breakout levels....good buy at these levels
The stock has broken out of the pattern after a consolidation phase and supported by very high volumes. It is expected to follow on the trend and can be bought at current levels for targets of 838 and 900 in near future. The stop loss can be maintained at 775 level, which was the resistance level before the breakout. Supporting technicals: RSI: 66 (Bullish but...
Analysis is for educational purpose only.
It created a rounding bottom pattern. Once breaks we can expect a good move. It's more than 3 yr breakout. Fundamentally company is good. Aggressive buy is 813 and safely we can enter the above closing of 836 Please Note: Above chart is for educational purposes only.
As the price action of Vishaka industries gave a multi year breakout, we are bullish on the stock in short term. Wait until it touches the resistance again.
consolidating, one enters after a breakout
the stock is forming a round bottom pattern and can give a multi year break out kindly add visaka in your watchlist
The stock may give a sharp breakout. Keep it in your watch list! Keep learning! Keep earning! Keep supporting!
Visaka a great business available at dirt-cheap valuation. - After a decent 30% move consolidation going on - Can be bought at current levels with stop below 475 on WCB. - A longterm story
VISAKA Industries -- all levels mentioned on chart
the way this stock is rising we expect new all time high,before that we can expect some resistance at previous ATH